Kaspa’s 45% Weekly Rally: Whale Support and Upgrades May Sustain Momentum
The post Kaspa’s 45% Weekly Rally: Whale Support and Upgrades May Sustain Momentum appeared on BitcoinEthereumNews.com.
The Kaspa price surge has driven KAS up 45% this week, outperforming most altcoins toward the $0.05 level. This rally, fueled by whale accumulation and ecosystem upgrades like DAGKnight, shows strong momentum despite overbought signals, positioning Kaspa as a top performer in the bullish altcoin market. Kaspa’s 45% weekly gain outpaces the broader altcoin market’s 6% rise, marking it as the second-best performer. KAS has rebounded sharply, erasing five weeks of losses in mere sessions, driven by rotational flows from Bitcoin. Whale activity and open interest exceeding $70 billion underscore high leverage, with the upcoming DAGKnight upgrade enhancing scalability and speed. Kaspa price surge: KAS climbs 45% weekly toward $0.05 amid whale buys and DAGKnight upgrade. Is this rally sustainable? Discover key insights and market signals now. (142 characters) What is Causing the Kaspa Price Surge? Kaspa price surge represents a standout movement in the cryptocurrency space, with KAS token appreciating by approximately 45% over the past week and approaching the $0.05 resistance level. This performance contrasts sharply with the broader altcoin market, which has seen gains of around 10% for large-cap tokens and a 6% increase in total altcoin capitalization. The surge stems from a combination of technical rebounds, whale accumulation, and positive ecosystem developments, allowing Kaspa to recover nearly five weeks of prior losses in just a few trading sessions. The daily chart illustrates robust bullish momentum, though the Relative Strength Index (RSI) has climbed above 70, indicating potential overextension. Despite an intraday dip of 2.82%, the KAS/BTC pair has surged 40%, reflecting investor rotations away from Bitcoin toward high-potential altcoins like Kaspa. Data from TradingView highlights this divergence, showing KAS/USDT pushing higher while many peers lag. Source: TradingView (KAS/USDT) Market observers note that whale accumulation has played a pivotal role, as large holders increase their positions to…
Filed under: News - @ November 29, 2025 1:23 am